Cramer's 'Mad Money Lightning Round': Make Green With Toyota

Stock quotes in this article: TM , DUK , PNM , MSO , WFMI , DRC , ASEI , TMO , GW , BGC , RFMD , XMSR , SWB , BWLD , LECO , IR  

To see a full "Mad Money" recap, please click here.


Here's what Jim Cramer had to say about some of the stocks offered up by callers on the "Mad Money Lightning Round":

Toyota(TM Quote): "It's suddenly no longer an auto company; it's a play on the environment. ... And that's why it goes up everyday! And that's why I wish I owned it!"

CMGI(CMGI Quote): "I need CMGI to put two very strong quarters back to back ... I'm not doing a 'mon back* because I don't trust them."

InfoSpace(INSP Quote): "Oh, doctor!" cried Cramer as he hit the sell!sell!sell! button. "Where's my sell-and-don't-buy-until-after-nuclear-winter button?!"

Dresser-Rand(DRC Quote): "I like this stock ... I think Dresser-Rand is the cheapest oil and gas stock that I know."

*For all you home-gamers, a 'mon-back opportunity means Cramer would back up the figurative truck and load up on a stock.

Lightning Round

Bullish

Cramer was bullish on Toyota Motor (TM Quote), Duke Energy (DUK Quote), PNM Resources (PNM Quote), Martha Stewart Living Omnimedia (MSO Quote), Whole Foods Market (WFMI Quote), Lincoln Electric Holdings (LECO Quote), Ingersoll-Rand (IR Quote), Illinois Tool Works (ITW Quote), Becton, Dickinson (BDX Quote), Dresser-Rand Group (DRC Quote), American Science & Engineering (ASEI Quote), Thermo Electron (TMO Quote), Grey Wolf (GW Quote), Pioneer Drilling (PDC Quote), General Cable (BGC Quote), EnCana (ECA Quote), RF Micro Devices (RFMD Quote), Buffalo Wild Wings (BWLD Quote), ENGlobal (ENG Quote), XM Satellite Radio (XMSR Quote) and Smith & Wesson (SWB Quote).

Bearish

Cramer was bearish on Kroger (KR Quote), CMGI (CMGI Quote) , New Century Financial (NEW Quote), InfoSpace (INSP Quote), Oracle (ORCL Quote), Maxtor (MXO Quote), Nam Tai Electronics (NTE Quote), AMR (AMR Quote), Amazon.com (AMZN Quote) and Citigroup (C Quote).


Interested in more Cramer? Check out Jim's rules and commandments for investing from his latest book by clicking here. It's a series of articles from Cramer on how to become a better investor. The following table lists some of the rules that Cramer dissects.

1. Pigs Get Slaughtered 2. It's OK to Pay the Taxes
3. Don't Buy All at Once 4. Buy Damaged Stocks
5. Diversify to Control Risk 6. Do Your Homework
7. Don't Panic 8. Buy Best-of-Breed
9. Defend Some Stocks 10. Don't Bet on Bad Stocks
11. Own Fewer Names 12. Cash Is for Winners
13. No Regrets 14. Expect Corrections
15. Know Bonds 16. Don't Subsidize Losers
17. No Room for Hope 18. Be Flexible
19. Quit When Execs Do 20. Patience Is a Virtue
21. Be a TV Critic 22. When to Wait 30 Days
23. Beware the Hype 24. Explain Your Picks
25. Find the Bull Market
Check back for more of Cramer's Rules
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At the time of publication, Cramer was long UnitedHealth Group, EnCana, Yahoo! and Commerce Bancorp.

James J. Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for ActionAlertsPLUS. While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by clicking here. Listen to Cramer's RealMoney Radio show on your computer; just click here. Watch Cramer on "Mad Money" at 6 p.m. ET weeknights on CNBC. Click here to order Cramer's latest book, "Real Money: Sane Investing in an Insane World," click here to get his second book, "You Got Screwed!" and click here to order Cramer's autobiography, "Confessions of a Street Addict." Cramer appreciates your feedback and invites you to send him an email by clicking here.

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